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Mr Urquhart-Stewart, who runs the asset manager Seven Investment Management, said it was “marvellous to see our new Governor using his expenses wisely”. He added: “Mark Carney was absolutely charming, and had none of the typical pomposity of Brits.”

Mr Carney will spend his £250,000 annual housing allowance on renting a home in West Hampstead. He will be paid a base salary of £480,000, and is entitled to claim 30% of his salary in lieu of pension, worth an extra £144,000 a year.